InsurTech News

Atlanta-based insurtech Sola has raised $8mn in Series A funding, pushing total financing to $11.7mn. The round was led by FINTOP Capital and JAM FINTOP

Roamly has launched an AI-driven Carshare insurance platform aimed at tackling one of the toughest challenges in shared mobility

Concirrus has become the first insurtech globally to earn ISO/IEC 42001 for AI governance, ISO/IEC 27001 for information security, and SOC 2 compliance

Infinity Loop, an AI-native contract intelligence platform for enterprise vendor management, has raised $5mn in a Seed Round led by Glasswing Ventures and TIAA Ventures

Meanwhile, the Bitcoin-denominated life insurance company, announced the appointment of Michael Grob as Head of International Distribution

NFP has deployed Qumis, an AI platform developed by insurance lawyers, to overhaul its property and casualty operations

AI-insurtech Honeycomb Insurance has teamed up with Trisura Insurance Company to expand admitted capacity in 18 U.S. states

Inclined Technologies, a digital platform that simplifies access to the living benefits of whole life insurance, has closed an $8mn Series B round

iCover, an algorithmic underwriting platform built for speed and scale, has increased its partner network by one-third over the past year

Embedded insurtech bolttech has partnered with iBox, Indonesia’s largest Apple Premium Reseller and part of Erajaya Digital, to introduce TecProtec with AppleCare Services

Insurity, a cloud-native software provider for insurers, MGAs, and brokers, has shifted its development focus toward modernising claims operations

IntellectAI has introduced two specialised InsurTech ecosystems designed for the distinct operational needs of insurance carriers, MGAs, brokers

Home insurtech Hippo reported its first-ever positive net income in Q2 2025, closing the quarter with $1 mn in profit. Gross written premium reached $299mn, up 16% from $258mn a year earlier

Avantia Group, the digital home insurance company behind the direct-to-consumer brand Homeprotect, has introduced an AI-powered claims tool named Holmes

Wingspan, a payroll platform built specifically for contractor management, has raised $24 mn in a Series B round led by Touring Capital

Cover Whale, a trucking insurance startup operating as a managing general agent (MGA), has raised $40mn in equity funding from Morgan Stanley Expansion Capital

Insurtech Verisk has signed a definitive agreement to acquire AccuLynx for $2.35bn in cash, aiming to boost its reach across the insurance claims

Eventual, a US-based insurtech startup, has raised $7.5mn in seed funding across two rounds to support the rollout of its first product, Premium Lock

Digital healthtech company dacadoo has deepened its strategic collaboration with Microsoft to deliver scalable, AI-powered health engagement solutions

Neutrinos, a digital transformation platform focused on InsurTech, has launched its AI Agent Library to streamline automation across key insurance operations

San Francisco-based InsurTech startup AIUC has raised $15mn in seed round led by NFDG, with participation from Emergence, Terrain

The tool, Invntry, automatically compiles and estimates the value of items from images, streamlining a traditionally time-consuming process for both insurers and policyholders.

London-based InsurTech Loxa has raised £1.69 mn in seed funding to scale its retail-focused product protection platform

Insurance data platform Percayso Inform has partnered with startup motor insurance broker Pizza in preparation for Pizza’s official rollout later this year

RAC Insurance has formed an exclusive agreement with Ticker, a UK-based telematics insurance provider, to distribute a range of connected motor insurance products

A Manchester-based digital insurance MGA Ripe reported its 17th straight year of double-digit growth, with turnover reaching £20.6mn in 2024

Cuvva, a London-based short-term car insurance provider, reported record growth in 2024. Profit reached £12.8mn—triple the previous year’s result

Quandri, a Canadian AI startup improving how insurance brokerages and agencies handle servicing work, raised $12 mn in a Series A funding round

Heron, a startup applying AI to automate workflows in business lending, equipment finance, and insurance, raised $16 mn in Series A funding led by Insight Partners

Retirable, a startup offering a retirement platform for everyday Americans, announced a $10 mn Series A round led by IA Capital Group

Insurtech Coverflow, which provides a platform that automates policy analysis, data entry, and workflow management for insurance brokers, has announced $4.8mn in seed funding